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literature, its welfare impact for source country residents - or non-migrants - is at best ambiguous. Increased educational …) - whose well-being is a concern for the government - is ambiguous or negative. I compare residents' welfare a) for an open vs … intervention; ii) optimal education policy has a positive or ambiguous impact on residents' welfare (and a positive impact under a …
Persistent link: https://www.econbiz.de/10011849103
literature, its welfare impact for source country residents – or non-migrants – is at best ambiguous. Increased educational …) – whose well-being is a concern for the government – is ambiguous or negative. I compare residents' welfare a) for an open vs … intervention; ii) optimal education policy has a positive or ambiguous impact on residents' welfare (and a positive impact under a …
Persistent link: https://www.econbiz.de/10011873487
Persistent link: https://www.econbiz.de/10012156314
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper …, welfare, optimal education subsidy (s), and a combination of s and BT, when residents' (emigrants') weight in the government …'s objective function is 1 (1 - β), with β ε [0,1]. I find that: i) education, welfare and s are higher (lower) under an open than …
Persistent link: https://www.econbiz.de/10011868679
This paper revisits the question of how brain drain affects the optimal education policy of a developing economy. Our framework of analysis highlights the complementarity between public spending on education and students' efforts to acquire human capital in response to career opportunities at...
Persistent link: https://www.econbiz.de/10011910685
Persistent link: https://www.econbiz.de/10011452545
Abstract Purpose - How do economic prosperity, health expenditure, savings, price-stability, demographic change, democracy, corruption-control, press-freedom, government effectiveness, human development, foreign-aid, physical security, trade openness and financial liberalization play-out in the...
Persistent link: https://www.econbiz.de/10011409899
Based on a welfare-maximization model of skilled migration where education generates a positive externality, this paper …, welfare, the optimal education subsidy (𝑠), and a combination of 𝑠 and (the optimal) 𝐵𝑇, when residents' (emigrants …') weight in the government's objective function is 1 (1 − 𝛽), with 𝛽 𝜖 [0,1]. I find that: i) education, welfare and 𝑠 …
Persistent link: https://www.econbiz.de/10012129754
Persistent link: https://www.econbiz.de/10003727277
Persistent link: https://www.econbiz.de/10003648559